Germany Autonomous Vehicles Market Future Trends, Prominent Players, Industry Impact and Forecast by 2030

1. Germany Autonomous Vehicles Market Analysis 2020 Insight Growth Analysis Technology Innovation, Opportunity by 2030 1 ©P&SIntelligence.Allrightsreserved

2. The German fully autonomous vehicles market is predicted to exhibit a CAGR of 20.2% between 2020 and 2030 and attain a valuation of $28.0 billion by 2030, as per the estimates of P&S Intelligence, a market research firm. The German autonomous vehicles market size is being driven by the increasing implementation of various government initiatives that encourage the deployment of autonomous vehicles in the country and the rising requirement for a more efficient and safer driving option all over the country. The German government was the first one in the entire world to authorize fully and semi-autonomous driving systems. The government announced its plans to build autonomous driving facilities and infrastructure in the country in December 2016. This was followed by an amendment to the Road Traffic Act in June 2017, which allowed drivers to give away driving controls to autonomous vehicles. As a result, there are many semi-autonomous automobiles (level 1—3) running on German roads today. Request to Get the Sample Report@ https://www.psmarketresearch.com/market- analysis/germany-autonomous-vehicles-market/report-sample When vehicle autonomy is taken into consideration, the German autonomous vehicles market is divided into fully autonomous and semi-autonomous vehicles. Of these, the semi-autonomous vehicles had 100% share in the market in the years gone by. However, this will change in the future and the fully autonomous vehicles category will register the highest CAGR in the market between 2023 and 2030, owing to the development of fully autonomous vehicles, which are predicted to hit the market in 2023. The German autonomous vehicles market is also divided, depending on application, into ride hailing, motor coaches, personal cars, transit buses, and logistics. Out of these, the motor coaches category is predicted to exhibit the highest CAGR in the market in the coming years. This would be because of the rising popularity of shared autonomous vehicles all over the country, on account of the growing consumer preference for these services over the personal ownership of vehicles. Make Enquiry Before Buying the Report@ https://www.psmarketresearch.com/send-enquiry?enquiry-url=germany-autonomous- vehicles-market Hence, it can be concluded that the market would demonstrate rapid expansion in the future years, primarily because of the rising implementation of initiatives by the government that support the deployment of autonomous vehicles and the growing consumer demand for safer and more efficient vehicles in the country. he research offers market size of the Germany autonomous vehicle market for the period 2014-2030. Market Segmentation by Vehicle Autonomy Semi-Autonomous Vehicle  oPassenger car Level 1 Level 2 Level 3   

3. oTruck Level 1 Level 2 Level 3    oBus Level 1 Level 2 Level 3 Fully Autonomous Vehicle     oPassenger car Level 4 Level 5   oTruck Level 4  Level 5  oBus Level 4 Level 5 Market Segmentation by Vehicle Type Internal Combustion Engine (ICE) Hybrid Electric Vehicle (HEV) Battery Electric Vehicle (BEV) Market Segmentation by Application Personal Cars Ride Hailing Services Transit Buses Motor Coaches Logistics            Others This study covers Historical and the present size of the Germany autonomous vehicle market Future potential of the market through its forecast for the period 2014-2030 Major factors driving the market and their impact during the short, medium, and long terms Market restraints and their impact during the short, medium, and long terms Recent trends and evolving opportunities for the market participants Historical and the present size of the market segments and understand their comparative future potential Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings Competitive scenario of various market segments across key countries in several regions for uncovering market opportunities for the stakeholders Major players operating in the market and their service offerings

4. Recent strategic developments by the major players in the market 3 ©P&SIntelligence.Allrightsreserved

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